Friday 12 April 2024

CMA produces update to paper on foundational AI models

 


The Competition and Markets Authority (CMA) has updated its September 2023 report in its review of competition and consumer issues in relation to artificial intelligence (AI) foundation models.

In March 2023 the government asked regulators, including the CMA, to think about how innovation in and deployment of AI can be supported.

The CMA sets out its final principles for guiding the market to positive outcomes in terms of access, diversity, choice, fair dealing, transparency and accountability.

The CMA also identifies risks that firms that control critical inputs for developing foundation models may restrict access to them to shield themselves from competition.

The CMA is also intensifying its use of merger control to examine whether AI collaborative arrangements between major players fall within the current rules.  For example, speaking at the ABA Antitrust meeting in Washington the CMA has noted that Google, Apple, Microsoft, Meta, Amazon and Nvidia are involved in an “interconnected web” of over 90 AI partnerships and investments.  The CMA will also consider such arrangements under its new powers anticipated in the Digital Markets, Competition and Consumers Bill.

The CMA will provide a further update in autumn 2024.

 

https://www.gov.uk/government/news/cma-outlines-growing-concerns-in-markets-for-ai-foundation-models

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